Visial USD/CAD this year

Quote from kalzayani:

GS /
U getting this CADJPY as a crashing in the next 2 days?

I could be wrong but seems Like wants to do 10 figures in in that time.
Most likely wrong.
from 1.14
More...

I hate that... it did!!
 
I don't do CADJPY. However, I've lost a bit by jumping on USDJPY too soon. Expect to gain it back however - loaded up at 116.71 which looks pretty close to 1-year support and now riding the waves as it sorts out its confusion. Will be back in the black when it gets to 118.35 or so, could be today.
 
sound about right for an average 116.7
I am accumulating as well
eur/usd around 1.33 to 1.32 Target 1.4010
GBPUSD 2.9650 Taget 2.144

I do not thing usd/cad will go higher then 1.11

gl
 
Have reversed field on USDJPY, now think it's heading towards PPP, which according to the Economist is around 109. Reasons: BoJ is under new management, their economy is stumbling because of lack of liquidity. Low interest rates were supposed to increase liquidity, but the carry trade has siphoned it all off, so BoJ has decided to hit it on the head by selling off some of its $900bln in foreign reserves. They should really raise rates, too - theirs is only 0.4% above inflation, where most other big economies run at around 1.5%-2%. At the same time with US inflation down and the economy heading for recession, the Fed will be dropping rates Real Soon Now. BoJ is really pulling off a short squeeze: once they have forex rates down where they want them, they'll slowly start buying back in. But the carry trade may definitely be dead, or at least in hibernation for a long time.

BoC dumped a bunch of loonies into the market yesterday, causing the loonie to drop, but I notice it has already backed off from 1.09 and is back in the 1.07 range. I don't think we'll see 1.04 again, but it's too soon for USDCAD to make the big recovery
move. Maybe in October. Then I think it'll get up to 1.13 or so by the end of the year, depending on oil and how the US economy is doing. Canadian mfg figures are off, that's why we're off 1.04. Also oil failed to hit records and is back in the low 70s - when it drops another $5-$10 you'll see USDCAD roar. The credit crunch is spooking M&A, and when it hits consumer credit you could well see a US recession - and that will light a fire under USDCAD.

GBPCHF is heading south, I think back to its 14-year mean of around 2.27. That was another pair that was driven by carry trade. Lots of good-looking prices around - EURUSD, GBPUSD,
especially AUDJPY at under $90 and AUDUSD under .79 - we haven't seen prices like that for a while. But I think we are in the middle of a major international currency realignment and who knows what is going to happen. Once central banks start splashing trillions around, we are pawns in their hands. I think the best strategy right now is not to make the long-term plays, but to channel-trade and scalp a few pips here and there, while waiting for some sanity to return.
 
wow man...what 2 weeks
this is too much
I Hope this week this will do OK

GL GS

FX
EURUSD Buy
USDJPY Buy
USDCHF Sell
GBPUSD Buy *
USDCAD Sell
AUDUSD Buy
NZDUSD Buy
USDSND Sell
USDHKD Sell

GBPJPY Buy
GBPAUD Sell
GBPCHF Buy
NZDJPY Buy
CADJPY Buy
AUDJPY Buy
EURJPY Buy
EURNZD Sell
EURCAD Sell
AUDCAD Buy
 
USO Seems Like a sell GS
While NGAS is North
for the next 2-3 weeks

GLD Seems South and SLV North...
Does not make sence...
Getting the same GS?
TIA
 
I don't know, man - I lead a simple life. USDJPY carry trade is definitely back on, expect 121 in a few weeks. I have a lot ridinfg on that. USDCAD should be recovering, with the credit crunch killing M&A, oil down and Canadian manufacturing figures off, but it will recover at 4 pips a day with lots of action in between. I expect it will touch 1.13 by December. Central bank interventions were a stopgap - the US economy is still heading south for the winter. Housing starts keep plummetting "seasonally adjusted", and this is the peak building season. We won't be selling them much lumber this winter, and the fallout will cut resource exports, too. Once the driving season is over, watch for oil to drop back down to $50 or below. All bad for the loonie.
 
I am Still Selling USDCAD for 1.02
seems wants 1.07 after that

AUD/USD Seems Like want north fast for 0.89
GBPUSD Seems Like a pick till 2.06 Over next 2 weeks
 
doing this GS
for a while

Currency Sell
NZD/USD 0.73384
AUD/USD 0.86483
AUD/CAD 0.89252
AUD/CHF 1.02673
USD/CAD 1.07855
USD/CHF 1.19559
AUD/NZD 1.22312
EUR/USD 1.39388
EUR/CAD 1.48482
EUR/CHF 1.66931
EUR/AUD 1.70344
EUR/NZD 2.05582
GBP/USD 2.07028
GBP/CHF 2.44064
NZD/JPY 85.054
CHF/JPY 98.15
AUD/JPY 100.312
CAD/JPY 112.041
USD/JPY 116.015
EUR/JPY 162.626
GBP/JPY 239.281

Buys

EUR/USD 1.34169
USD/JPY 110.813
GBP/USD 1.97455
USD/CHF 1.166
EUR/CHF 1.62384
AUD/USD 0.80729
USD/CAD 1.0256
USD/CAD 1.017
NZD/USD 0.66901
EUR/GBP 0.67568
EUR/JPY 153.289
GBP/JPY 223.965
CHF/JPY 93.491
GBP/CHF 2.36209
EUR/AUD 1.61414
EUR/CAD 1.41394
AUD/CAD 0.84152
AUD/JPY 89.984
CAD/JPY 102.561
NZD/JPY 74.247
GBP/AUD 2.36004
AUD/NZD 1.17749
AUD/CHF 0.96359
EUR/NZD 1.91031
 
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